Year: 2020

I don’t really pay attention to my long-term investments on a day-to-day basis. These are companies I plan on holding for years, so if they move a couple of percentage points in a day, it’s not particularly noteworthy.
However, for shorter-term investments and trades, I do keep close tabs on them, waiting for a catalyst to cause a sharp move higher.
In fact, I never enter a trade unless I have an idea of what should move the stock. It could be an upcoming earnings report, an important corporate announcement or even a technical breakout on the stock chart.
Earnings reports are one …read more […]

Stock futures opened slightly higher Monday evening as investors awaited highly anticipated events from tech giants Amazon and Apple and looked ahead to the first batch of corporate earnings results set for release Tuesday morning. …read more […]

There’s an age-old strategy on Wall Street: Buy the rumor, sell the news.
We see this play out repeatedly in the hype cycle. Expectations about a major event, a major product release or a new announcement boil over into exuberance.
Investors egg each other on, saying things like “The world will never be the same after this date!”
And almost without fail, reality falls short of the impossibly high expectations.
Battery Day was a dud.
The much-hyped Tesla (Nasdaq: TSLA) event had mobs of investors drooling. It was rumored that CEO Elon Musk was going to unveil a mind-blowing piece of “million mile” technology.
But instead …read more […]

(Bloomberg) — Exelon Corp. is considering a breakup that would involve separating its non-utility assets, according to people familiar with the matter.The Chicago-based company is working with advisers to evaluate the split, said the people, who asked to not be identified because the matter isn’t public. No final decision has been made and Exelon could opt to keep its current structure, they said.“As we most recently communicated on our second quarter earnings call, we regularly review our corporate structure and overall mix of businesses to determine how to best create value and position our businesses for success,” William Gibbons, a …read more […]

One thousand bitcoins that were mined in 2010 were transferred to new wallets yesterday for the first time in a decade.The post A thousand Satoshi-era bitcoins just moved wallets for the first time in a decade appeared first on The Block. …read more […]

Walt Disney announced the company will be merging its TV networks, film studios, and direct-to-consumer groups into one as themes parks continue to take a hit due to COVID-19. …read more […]

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […] …read more […]

Yahoo Finance’s Akiko Fujita and Jared Holz, Healthcare Equity Strategy at Jefferies, discuss competition for a COVID-19 vaccine as AstraZeneca strikes a deal with the U.S. for an antibody treatment. …read more […]

(Bloomberg) — Apollo Global Management Inc. co-founder Leon Black expressed his regret at being involved with Jeffrey Epstein in a letter to the firm’s investors.Black reiterated that he had turned to Epstein for financial matters such as taxes, estate planning and philanthropy, after a New York Times report about the billionaire’s relationship with Epstein, who died in jail after his arrest on federal sex-trafficking charges.“With the benefit of hindsight — and knowing everything that has come to light about Mr. Epstein’s despicable conduct more than 15 years ago — I deeply regret having had any involvement with him,” Black said …read more […]

We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are… …read more […]

Lines drawn in the sand in Washington D.C. are holding the next stimulus package hostage, but what does this mean for Wall Street? Despite the stalemate on Capitol Hill, the S&P 500 has rallied 9.5% from a recent low on September 23 on the back of strong economic data.Against this backdrop, investors and economists are starting to wonder if the better-than-expected recent economic data suggests that earlier stimulus packages will be enough to support the economy as we move towards a post-COVID world.Oppenheimer’s Chief Investment Strategist John Stoltzfus points out that “for all the elevation of uncertainty that has come …read more […]

We can readily understand why investors are attracted to unprofitable companies. Indeed, Cassava Sciences… …read more […]

Yahoo Finance’s Dan Howley joins Akiko Fujita to break down what to expect from Apple’s upcoming iPhone event. …read more […]

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David Iben put it well when he said, ‘Volatility is not a risk we care about. What we care about is avoiding the… …read more […]